A report from the Star Tribune in Minnesota. "During November sellers listed 3,992 properties, 12.6 percent more than last year, according to monthly report from the Minneapolis Area Realtors. At the same time, buyers signed 5.2-percent fewer purchase agreements, leaving 10,181 listings on the market at the end of the month."

"'The inventory gains we’ve been waiting for have finally arrived,' said Kath Hammerseng, president of Minneapolis Area Realtors. 'Buyers — particularly those who feel sidelined — can take comfort in that shift.'"

From Bloomberg. "Investors in U.S. homebuilders are holding their breath heading into the New Year as experts predict softening demand in 2019, mainly driven by higher borrowing costs. To lure buyers, homebuilders are cutting prices."

"Investors have also been yanking cash from exchange-traded funds tracking builders. The $811 million iShares U.S. Home Construction ETF, ticker ITB, has seen more than $1.2 billion worth of outflows this year, putting the largest fund tracking the industry on pace to lose the most assets since it started in 2006."

"The $601 million SPDR S&P Homebuilder ETF, ticker XHB, has also bled cash, with investors pulling about $383 million this year."

"The residential construction market hit the pause button in 2018 with permits, starts and completions-- the three headline construction indexes-- on track to close the year on a sour note, according to Zillow."

"'This construction pullback is not due to lack of demand, and instead seems born out of builders’ fears that it’s almost impossible for them to profitably deliver new homes at a lower price points where that demand is strongest,' Zillow analyst Aaron Terrazas wrote."

From Patch Arlington on Massachusetts. "This brand new four-bedroom has seen its price slashed for an immediate sale. The home was listed at nearly $1.2 million earlier this year and is now on the market for $1,089,000."

"Features: Price slashed for immediate sale! Another great offering from well known local Builder. Located on the Winchester Line, this NEW HOME offers all you would expect and more."

From Real Vail on Colorado. "Affordable housing is an issue reaching crisis level in Colorado where resorts rely heavily on luxury properties and holiday homes. In Vail, the population of roughly 5,000 permanent residents is doubled by part-time residents in vacation properties."

"Despite a constant level of property transactions over the past year, Vail has also seen a growing number of properties described as seriously underwater. This is a category of property where the balance of loans is at least 25% higher than the property’s market value. At 15%, Vail currently has the second highest percentage of homes in this situation in Colorado.